BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Motilal Oswal downgrades Hero MotoCorp to neutral
Motilal Oswal has downgraded Hero MotoCorp to "neutral" with a target price of Rs 3,666. At current price the stock is fully priced and trades at 18.9 times FY17 estimated earnings. Adverse product mix may drag realisations.